{"id":2843,"date":"2013-10-28T21:02:10","date_gmt":"2013-10-29T01:02:10","guid":{"rendered":"http:\/\/www.thepokerpractice.com\/poker\/?p=2843"},"modified":"2013-10-28T21:29:17","modified_gmt":"2013-10-29T01:29:17","slug":"vanessa-selbst-bloomberg-tv-poker-investors","status":"publish","type":"post","link":"https:\/\/www.thepokerpractice.com\/poker\/vanessa-selbst-bloomberg-tv-poker-investors","title":{"rendered":"Vanessa Selbst discusses Link between Poker Players and Investors"},"content":{"rendered":"<p><a href=\"http:\/\/www.thepokerpractice.com\/poker\/wp-content\/uploads\/2013\/10\/vanessa-selbst-poker.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.thepokerpractice.com\/poker\/wp-content\/uploads\/2013\/10\/vanessa-selbst-poker-254x300.jpg\" alt=\"\" title=\"vanessa-selbst-poker\" width=\"254\" height=\"300\" class=\"alignleft size-medium wp-image-2845\" srcset=\"https:\/\/www.thepokerpractice.com\/poker\/wp-content\/uploads\/2013\/10\/vanessa-selbst-poker-254x300.jpg 254w, https:\/\/www.thepokerpractice.com\/poker\/wp-content\/uploads\/2013\/10\/vanessa-selbst-poker.jpg 277w\" sizes=\"(max-width: 254px) 100vw, 254px\" \/><\/a>Thanks to the fact that she&#8217;s the women&#8217;s all-time leader in poker tournament winnings with $8 million and has a Yale Law School degree, Vanessa Selbst gets a lot of mainstream attention. So it was little surprise when <a href=\"http:\/\/www.bloomberg.com\/video\/what-gamblers-and-investors-have-in-common-8q6bSeB4TomYRn__Ju_6Ew.html\" rel=\"nofollow\">Bloomberg TV interviewed her<\/a> in a segment dedicated to the link between poker players and investors.<\/p>\n<p>The reason for the sudden interest in poker on Bloomberg&#8217;s part is due to their new show, <em>Poker Night on Wall Street<\/em>. Rather than having pros compete against each other, this TV show pits successful hedge fund managers like Bill Perkins and David Einhorn against each other.<\/p>\n<p>When asked why she thought these Wall Street guys could be good at poker, Selbst said, &#8220;Absolutely, there&#8217;s so many similarities, cross-overs between the two industries. You&#8217;re taking calculated risks, processing a world of information that&#8217;s at your disposal.&#8221;<\/p>\n<p>Selbst also discussed how the math aspect of poker favors investors. &#8220;It&#8217;s a game of numbers, it&#8217;s a game of pushing small edges,&#8221; she said. &#8220;Another skill that is important is to take the downswings, and not go on tilt as we say, and really be OK with losing for a long time in a row. You know, just like investments that were maybe a good idea at the time, and they just went the wrong way.&#8221;<\/p>\n<p>Moving away from the investors, the two-time WSOP poker champ also had some advice on what the average player does wrong. &#8220;I would say that they don&#8217;t play their hands aggressively enough. They kind of get scared that they don&#8217;t have the best hand, so they don&#8217;t capitalize &#8211; they don&#8217;t maximize their gains when they have the best hand.&#8221; She added that players really need to go after it when they think that they&#8217;ve got the top hand.<\/p>\n<p>Vanessa Selbst has certainly never been afraid to go after a pot when she thinks that she&#8217;s in the lead. And the $8 million-plus that she&#8217;s earned certainly indicates this fact. Seeing as how Selbst has collected over $2.4 million in tournaments this year, you can count on seeing her in the winner&#8217;s circle plenty more in the future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thanks to the fact that she&#8217;s the women&#8217;s all-time leader in poker tournament winnings with $8 million and has a Yale Law School degree, Vanessa Selbst gets a lot of mainstream attention. So it was little surprise when Bloomberg TV interviewed her in a segment dedicated to the link between poker players and investors. The [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[1416,1414,919,1415,686,338],"_links":{"self":[{"href":"https:\/\/www.thepokerpractice.com\/poker\/wp-json\/wp\/v2\/posts\/2843"}],"collection":[{"href":"https:\/\/www.thepokerpractice.com\/poker\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thepokerpractice.com\/poker\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thepokerpractice.com\/poker\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thepokerpractice.com\/poker\/wp-json\/wp\/v2\/comments?post=2843"}],"version-history":[{"count":5,"href":"https:\/\/www.thepokerpractice.com\/poker\/wp-json\/wp\/v2\/posts\/2843\/revisions"}],"predecessor-version":[{"id":2849,"href":"https:\/\/www.thepokerpractice.com\/poker\/wp-json\/wp\/v2\/posts\/2843\/revisions\/2849"}],"wp:attachment":[{"href":"https:\/\/www.thepokerpractice.com\/poker\/wp-json\/wp\/v2\/media?parent=2843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thepokerpractice.com\/poker\/wp-json\/wp\/v2\/categories?post=2843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thepokerpractice.com\/poker\/wp-json\/wp\/v2\/tags?post=2843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}